SAP CEO Bill McDermott on why Concur is worth $8.3 billion

SAP?s announcement that it will pay US$ 8.3 billion to buy business-travel and expense software vendor Concur might have generated less initial buzz than the companies hoped, given it was almost simultaneous with the revelation that Larry Ellison has relinquished his CEO seat to become CTO and executive chairman of Oracle. But SAP CEO Bill McDermott is confident the addition of Concur will prove …
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